short positions yesterday were huge,,,,24%
as you say GHT its a huge fall but imo this is just shorts driving it down, pulling in weak longs and they are looking for opportunity to cover now....
Great trading opportunity imo at 41.06 for those that missed the resent pop
Seems gold has had its fall in asian tradeon low volume and it should now pull all the international shorts in to cover and we can start the grind higher again toward 1500
Not for the faint hearted but is it rational that NCM would fall 3.09% with ivory Coast looking like its not a write off? I dont think so....XJO has gone back to 4933 the first break up point and should recover imo..as least we know the target is now 42.93 but first hurdle is 41.80 which when broken this time like the last pulled in many stops....
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